RECONSTRUCTION OR AMALGAMATION Sample Clauses

RECONSTRUCTION OR AMALGAMATION. If the employment of the Executive under this Agreement is terminated by reason of the liquidation of the Company for the purpose of reconstruction or amalgamation and the Executive is offered employment with any concern or undertaking resulting from the reconstruction or amalgamation on terms and conditions not less favourable than the terms of this Agreement then the Executive shall have no claim against any Group Company in respect of the termination of his employment under this Agreement.
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RECONSTRUCTION OR AMALGAMATION. If the employment of the Director under this Agreement is terminated by reason of the liquidation of the Company for the purpose of reconstruction or amalgamation and the Director is offered employment with any concern or undertaking resulting from the reconstruction or amalgamation on terms and conditions not less favourable than the terms of this Agreement, then the Director shall have no claim against the Company in respect of the termination of his employment under this Agreement.
RECONSTRUCTION OR AMALGAMATION. If before the termination of this agreement, your employment is terminated by reason of the liquidation of the Company for the purposes of any reconstruction or amalgamation, and you are offered employment with any concern or undertaking resulting from such reconstruction or amalgamation on terms and conditions no less favourable than the terms of this agreement, then, to the extent permitted by law, you will have no claim against the Company in respect of the determination of your employment.
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RECONSTRUCTION OR AMALGAMATION. This Agreement shall not be determined or in any way prejudiced or affected by any reconstruction effected by the Owner including amalgamation with any other company or body nor shall this Agreement in any way be prejudiced or affected by any reconstruction or amalgamation of or affecting the Hirer (in the case of the Hirer being a company).
RECONSTRUCTION OR AMALGAMATION. 23.1 If the Employment is terminated at any time by reason of any reconstruction or amalgamation of the Company or any Group Company, whether by winding up or otherwise, and the Employee is offered employment with any concern or undertaking involved in or resulting from the reconstruction or amalgamation on terms which (considered in their entirety) are no less favourable to any material extent than the terms of this agreement, the Employee shall have no claim against the Company, any Group Company or any such undertaking arising out of or connected with the termination.
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RECONSTRUCTION OR AMALGAMATION. 13 19. RESTRICTIONS..................................................13 20. SEVERABILITY..................................................16
RECONSTRUCTION OR AMALGAMATION. If before the termination of this Agreement the Employment shall be determined by reason of the liquidation of Sunbelt for the purposes of reconstruction or amalgamation and the Executive shall be offered employment with any concern or undertaking resulting from such reconstruction or amalgamation on terms and conditions no less favorable than the terms of this Agreement then the Executive shall have no claim against the Company in respect of the determination of the Employment.
RECONSTRUCTION OR AMALGAMATION. If before the termination of this Agreement, your employment is terminated by reason of the liquidation of the Company for the purposes of any reconstruction or amalgamation, and you are offered employment with any concern or undertaking resulting from such reconstruction or amalgamation on terms and conditions no less favourable than the terms of this Agreement, then, to the extent permitted by law, you will have no claim against the Company in respect of the determination of your employment. Further if your employment is transferred to a third party (“the Transferee”) pursuant to the Transfer of Undertakings (Protection of Employment) Regulations 1981, the restrictions contained in clauses 12 and 20 shall, following the transfer, apply to you as if references to the Company meant the Transferee, references to any Group Company meant any members of the transferee’s group of companies and references to customers, clients, suppliers and Prospective Customers meant customers, clients, suppliers and Prospective Customers of the Company and/or the Transferee.
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